The Market
Why record numbers of home buyers are heading back to the capital’s central zones
"The tide is turning" in central London, reports journalist Anna White in The Evening Standard.
Carrington on Q2: It does seem that the tax rate in the popular Laffer Curve has now been breached
Successive parliaments have fiddled with stamp duty 14 times since 1995, but the right balance is yet to be struck, writes LonRes Chairman William Carrington
Sales rise in PCL as buyers make their move
Transaction volumes in the capital's most expensive neighbourhoods were up by 3% in Q2, compared to last year, but buyers remain 'scarce' across the rest of the prime postcodes...
New lets fall by 12% across the prime postcodes as tenants stay put
Rental transactions in some areas of London were down by as much as 20% in Q2, reports LonRes, citing high renewal rates as a key factor...
Bloomberg: UK builders see Brexit crisis when foreign labour disappears
Britain's construction industry "will lose access to the lifeblood of its workforce" as a result of leaving the EU, warns Bloomberg journalist Olivia Konotey
Rental growth returns to prime London
Q2 saw the first increase in prime London's average rental value since September 2015, says Savills, while Knight Frank reports a "notable strengthening" of demand for prime London rental properties
PCL buying agency reports 50% jump in transactions
Mayfair-based advisory Black Brick acquired nearly £43m worth of property in the first six months of 2019, and has twice as many buyers on its books compared to last year...
‘A changed world’: What effect will leasehold reform have on landlords, leaseholders & tenants?
As the Government moves forward with plans to overhaul the established leasehold system, Property Vision's Charlie Ellingworth & Philip Harvey explore what leasehold reform will mean for landlords, leaseholders…
On Leasehold Reform: A brief history and next steps
Reforming the leasehold system has been moving rapidly up the government’s agenda, and whilst welcomed by the domestic leasehold owners and tenants, the vast range of proposals are causing some concern…
Why new is the new old for today’s prime property buyers
Attitudes towards new-builds are changing in London as developers continue to up their game, suggests buying agent Sara Ransom...
Mapped: Prime London price & rental growth over the last three months
Knight Frank charts how the many neighbourhoods of Prime London performed between April and June of this year...
SDLT revenues drop as £1m+ sales tumble
Stamp Duty generated 6% less for the Government's coffers in Q2 2019 than in Q2 2018, largely as a result of a 12% fall in £1m+ transactions...